An orifice plate is a device used to measure fluid flow rate in a pipe. It consists of a round metal plate with a hole in the middle, and is installed between two flanged pipes. Orifices can be made of various materials depending on the fluid being measured. The plate has a sharp and blunt […]
Two types of flat tax systems proposed for the US: flat sales tax and flat income tax. Benefits of flat sales tax include consistency and ease of management, but some areas may lose revenue. Flat income tax promotes fairness, but some households may pay more and tax deductions would not be allowed. Experts predict economic […]
The flat broom is a practical and inexpensive cleaning tool used for sweeping flat surfaces. It was invented by Theodore Bates, a member of the Shaker community in the early 19th century. The design is an improvement on the old round broom and allows for more efficient cleaning with less effort. Flat brooms remain popular […]
A lump sum tax is a fixed amount tax that applies to all members of a partnership, regardless of their income levels. It is rarely used in reality due to the burden it would place on the poorest members of society. Economists use lump sum theory to show how such a tax would help achieve […]
Two types of flat tax systems have been proposed for the US: a flat sales tax and a flat income tax. The former would make purchases easier to manage, but some areas could lose revenue. The latter would create a sense of fairness, but families exempt from taxes would end up spending more. No tax […]
“Flat out” is an English idiom meaning to work at maximum effort and speed. It was used in the 19th century to describe failure, but now commonly refers to hard work. It can also mean speaking without restrictions or reservations. Idioms like “flat out” allow for more conversational speech. If someone is working “at full […]
A flat-rate lease is a contract where the tenant pays a fixed amount at specific intervals for the entire duration of the lease, commonly used for residential and commercial properties. It provides a cost-effective format for both parties and allows for easy financial planning. A flat-rate lease is a type of leasing contract that commits […]